China News Direct

(Sep 15, 2014) CHANGSHA, Hunan - Chinese outbound investments in mining and infrastructure will increase as the provincial government of Hunan is initiating a number of plans to reach out to Latin America, Indo-China and Africa. The Department of Commerce of Hunan Province staged the Business Meeting for Latin America & Hunan Province, International ...

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Wuxi Shuofang Stainless Steel opens for big trade

(Jun 18, 2014) KUNSHAN, Jiangsu - A new stainless steel industrial park of 200,000 square meters of warehousing space has just been opened in the Jiangsu city of Wuxi which trades 40% of China's stainless steel. The biggest stainless steel base in China, Wuxi Shuofang Stainless Steel Logistics Park, will be an amalgamated trading center large enough for 2,000 ...

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CNOOC heightens LNG strategy

(Jun 19, 2014) RUILI, Yunnan - China's flagship LNG carrier China National Offshore Oil Corporation (CNOOC) has signed a global strategic alliance agreement with Shell, re-assuring the parties' connections in LNG and signaling China's imperative strategy of securing energy globally. The alliance came when Chinese Premier Li Keqiang visited London for three days on 17 June, sealing also billions ...

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Heilongjiang harvests risen for 11 years

(Sep 25, 2014) HARBIN, Heilongjiang - Farmers in Heilongjiang province are busy harvesting food crops this September, saying the crops gathered have been full and abundant and they yield 6-10% more than last year. In China's northeast province of Heilongjiang, the fall harvesting season has been progressing smoothly, although farmers are searching everywhere for procurement loans and ...

(Sep 23, 2014) TIANJIN - E-commerce groups in Tianjin are working with more banks to finance new e-commerce projects which are designed for cross-border trades, capturing probably ten billion yuan for e-commerce development over the next few years. Tianjin Electronic Commerce Association (TECA) signed strategic alliance agreements with Bank of China (Tianjin) and ... 531 words, Bank of China (Tianjin), Pingan Bank (Tianjin), Tianjin Electronic Commerce Association, Alibaba, Tencent, Amazon China ...

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China reforms cotton and soybean subsidies

(Sep 22, 2014) URUMQI, Xinjiang - China will replace its existing agri-procurement program with a market-price driven subsidy on cotton and soybean, trying to narrow the price gaps between the domestic and international markets. The central government is trying to cut down on price intervention. Starting this year, China will scrap the reserve ... 612 words ...

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Beijing municipal diversifies funding for water investments

(Sep 19, 2014) BEIJING - The Beijing municipal government signed strategic development agreements with state-owned companies and major banks, drawing more capitals to build water recycling facilities. The municipal government of Beijing, state-owned Beijing Drainage Group Co. Ltd., the State Development & Investment Corporation (SDIC), National Council for Social Security Fund (SSF), Industrial ... 594 words, Beijing Drainage Group Co. Ltd,. State Development & Investment Corporation, Industrial and Commercial Bank of China, Shanghai Pudong Development Bank, Beijing Municipal Road & Bridge Group Co. Ltd. ...

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China reaches further out to US and UK

(Sep 10, 2014) BEIJING - The Ministry of Commerce (MOC) of China signed a memorandum of understanding with the state government of Texas, US in Beijing to promote bilateral trade and investments. The MOC is creating trade and investment ties with more US cities and states. Before Texas, the MOC has formed trade ...